Andreas Schertzinger

Creating Value in Insurance Mergers and Acquisitions (eBook, PDF)

• Format: PDF

Produktbeschreibung

The fundamental economics of the European insurance industry and specifically the impact of the recent economic crisis on the financial services sector are likely to cause a wave of M&A transactions in the insurance sector. An event study of the previous M&A cycle in the European insurance industry shows that M&A transactions on average achieve short-term value creation. However, there is a significant dispersion among individual transactions and, in the long term, the average M&A transaction destroys value. Andreas Schertzinger identifies determinants of successful transactions, such as transaction timing and diversifying transaction strategy, through a multivariate statistical analysis. Two case studies illustrate success factors specifically related to the conduct of transactions in greater detail.

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Produktdetails

• Verlag: Gabler Verlag
• Seitenzahl: 343
• Erscheinungstermin: 30. Juni 2009
• Englisch
• ISBN-13: 9783834982100
• Artikelnr.: 37400277

Autorenporträt

Dr. Andreas Schertzinger promovierte bei Prof. Dr. Dirk Schiereck am Stiftungslehrstuhl Bank- und Finanzmanagement der European Business School Oestrich-Winkel. Er ist heute als Unternehmensberater für McKinsey & Company, Inc., New York, tätig.

Inhaltsangabe

Overview of M&A in the European Insurance Industry.- Recent Studies on the Success of Insurance Transactions.- Value Creation by M&A in the European Insurance Industry - an Empirical Investigation.- Case Studies on Value Creation by M&A in the European Insurance Industry.